Sunday, May 6, 2018

Housing benefit

As the interest-only mortgage crisis hits, here’s how you can avoid the heartache

If interest only mortgages without repayment plans are so widespread, then the government is going to end up with a -huge- housing benefit bill for all the oldies. Its hard to see them carefully marshalling any valuation gains if to do so only stops them getting benefits.

Posted by stillthinking @ 07:55 AM (2603 views)
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